Progressio acquired Gampack.

Progressio Fund III has finalized the acquisition of a majority stake in Gampack, a specialized manufacturer of secondary packaging machinery with a strong international presence. Financial terms were not disclosed. Founded in Podenzano in 2004, Gampack is active in the production of machinery and systems for secondary packaging (shrink wrappers and cardboard packers) focused on the beverage sector. Due to the solidity, reliability and speed of its machines and to the high level of service provided to the customer, the company has established a specific niche and is a prominent player in the sector. “Creating a company capable of meeting the needs of customers is an exciting experience. For new growth, new resources will be needed, and I am convinced that Progressio will contribute to balanced growth, not only of the production capacity, but also in service, in order to preserve and – if possible – increase the level of customer satisfaction." Giuseppe Gazzola, Gampack Founder.